Fully Furnished 1-Bedroom Apartment for Sale in Suburbia, Downtown Jebel Ali — Below-Market Distress Sale

Property Overview

This is a fully furnished and upgraded one-bedroom apartment at Suburbia, a completed DAMAC Properties twin-tower development in Downtown Jebel Ali, Dubai. Measuring 714 sq ft, it is offered as a below-market distress sale at AED 650,000, or about AED 910 per sq ft, and is currently tenanted at AED 65,000 per year.

Property Highlights

• Fully furnished and upgraded one-bedroom apartment in Suburbia
• 714 sq ft, ready and currently tenanted
• Rented at AED 65,000 per year — a gross yield of about 10%
• Moroccan-inspired twin-tower development with resort-style amenities
• Asking price of AED 650,000 (approximately AED 910 per sq ft)

Deal Classification and Pricing

This is a distress listing classified as Below Market. The agent and DPF operator indicate that the AED 650,000 asking price sits below a dated market comparable for equivalent one-bedroom apartments in Suburbia. Based on the size of 714 sq ft, the asking price works out to about AED 910 per sq ft.

The specific dated comparable that supports the Below Market classification was not included in the written brief and is to be recorded on DPF's evidence file; a specific savings percentage is therefore not stated on the page. The agent additionally markets the apartment as the "lowest priced 1BR in Suburbia, Downtown Jebel Ali" — an agent-supplied marketing claim that has not been independently verified by DPF and should not be relied on without checking current comparable listings and transaction data.

Tenancy and Investment

The apartment is sold tenanted, currently rented at AED 65,000 per year. Against the AED 650,000 asking price this represents a gross yield of about 10%, giving an investor rental income from day one. The buyer inherits the existing tenancy until the lease expires; the lease end date, security deposit and Ejari registration should be confirmed before purchase.

Layout and Interior

The brief describes a fully furnished and upgraded one-bedroom apartment of 714 sq ft. Bathroom count, parking, floor and view were not supplied and should be confirmed, along with the included furnishing inventory. To keep this listing accurate, no unit-specific details beyond those supplied have been added.

About Suburbia, Downtown Jebel Ali and DAMAC

Suburbia is a completed residential development by DAMAC Properties in Downtown Jebel Ali, comprising two towers of 11 and 19 floors with Moroccan-inspired architecture. It offers studios to three-bedroom apartments and duplexes, and is known for furnished residences and resort-style facilities. Amenities include a temperature-controlled swimming pool, a gymnasium, a sauna, steam and spa, landscaped gardens and a sunbathing terrace, a kids' play area, podium walkways and 24/7 security. Downtown Jebel Ali is well connected by road and the Dubai Metro, close to the Free Zone, Dubai South, Dubai Parks and Resorts and Ibn Battuta Mall.

Sale Type and Terms

This is a ready, tenanted apartment offered on the secondary market. Service charge and other terms were not supplied in the brief. The sale proceeds by signed Sale and Purchase Agreement (SPA) and standard Dubai Land Department transfer, with the existing tenancy transferring to the buyer.

Location and Connectivity

Downtown Jebel Ali sits in south-western Dubai with access to Sheikh Zayed Road and the Dubai Metro, near the Jebel Ali Free Zone and Port. Specific drive times were not supplied and are not stated here to avoid unverified claims; buyers should confirm distances to their own key destinations.

Verification Notes

• Agent-supplied facts: one-bedroom apartment, 714 sq ft, fully furnished and upgraded, ready and currently tenanted, AED 650,000 asking price and AED 65,000 per year rent.
• Deal classification: Below Market, supplied by the DPF operator. The specific dated market comparable value and date were not included in the brief and should be added to the evidence record; no savings percentage is stated as a result.
• Calculated by DPF: an indicative AED 910 per sq ft and a gross yield of about 10% (AED 65,000 rent on the AED 650,000 asking price).
• Researched project facts: developer (DAMAC Properties), Suburbia twin towers, Downtown Jebel Ali location and amenities were taken from developer/market sources because the developer was not supplied.
• The agent's "lowest priced 1BR in Suburbia, Downtown Jebel Ali" statement is preserved as an attributed agent marketing claim and is not presented as DPF-verified fact.